ARCHIVED BLOG POSTS
2014
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3
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One of the costs of buying a home with a VA mortgage loan is the VA loan funding fee. This fee is discussed in the VA Lender's Handbook in Chapter Eight, which lays the ground rules for the funding fee and how it can be paid. There is no set VA loan funding fee-it is a percentage of the loan amou...
04/24/2014
VA home loans aren't limited to those who serve on active duty. Members of the National Guard, and members of the Reserve are eligible for VA home loans once they have served a minimum amount of time in uniform--a rule that also applies to active duty personnel but features different minimums for...
04/23/2014
0
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There are many common--and uncommon--questions about VA home new purchase loans. One uncommon question involves something called "secondary borrowing", or getting a second mortgage. Does the VA allow this practice? According to the VA Lender's Handbook, Chapter Nine, it may be possible to get a s...
04/23/2014
1
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What does VA tax prep resource assistance for veterans have to do with VA home loans? At first glance you might not think they are associated, but we get many questions all year round about the tax implications of buying a home with a VA mortgage. Since we cannot provide legal or tax advice, we ...
04/04/2014